NYSE:TECKTeck Resources Stock Price, Forecast & News

Teck Resources' stock was trading at $8.20 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TECK shares have increased by 39.3% and is now trading at $11.42.
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16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teck Resources in the last year. There are currently 5 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Teck Resources is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020.
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Teck Resources Ltd (NYSE:TECK) issued its quarterly earnings results on Thursday, July, 23rd. The basic materials company reported $0.17 earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.03) by $0.20. The basic materials company had revenue of $1.72 billion for the quarter, compared to analysts' expectations of $1.73 billion. Teck Resources had a positive return on equity of 3.57% and a negative net margin of 10.04%. The company's quarterly revenue was down 45.2% compared to the same quarter last year. During the same period last year, the business earned $0.81 EPS.
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Teck Resources announced a quarterly dividend on Monday, April 20th. Stockholders of record on Monday, June 15th will be given a dividend of $0.036 per share on Tuesday, June 30th. This represents a $0.14 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date is Friday, June 12th.
View Teck Resources' dividend history.

16 brokers have issued 1-year target prices for Teck Resources' shares. Their forecasts range from $8.50 to $35.00. On average, they anticipate Teck Resources' share price to reach $19.86 in the next year. This suggests a possible upside of 73.9% from the stock's current price.
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Media coverage about TECK stock has been trending somewhat negative recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Teck Resources earned a media sentiment score of -1.9 on InfoTrie's scale. They also assigned news coverage about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term.
View the latest news about Teck Resources.

Teck Resources saw a decrease in short interest in July. As of July 31st, there was short interest totaling 10,470,000 shares, a decrease of 10.7% from the July 15th total of 11,720,000 shares. Based on an average daily volume of 4,690,000 shares, the short-interest ratio is presently 2.2 days. Approximately 2.0% of the shares of the company are short sold.
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Some companies that are related to Teck Resources include Vulcan Materials (VMC), Martin Marietta Materials (MLM), Sociedad Quimica y Minera de Chile (SQM), Mdu Resources Group (MDU), Hecla Mining (HL), Compass Minerals International (CMP), Summit Materials (SUM), LYNAS CORP LTD/S (LYSDY), United States Lime & Minerals (USLM), GalianoGoldInc . (GAU), U.S. Silica (SLCA), Ciner Resources (CINR), Intrepid Potash (IPI), Smart Sand (SND) and Piedmont Lithium (PLL).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Teck Resources investors own include Teck Resources (TECK.B), Bank of America (BAC), Intelsat (I), Micron Technology (MU), AMC Entertainment (AMC), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), Ciena (CIEN) and Zynga (ZNGA).

Teck Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "TECK."

Teck Resources' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Letko Brosseau & Associates Inc. (3.02%), CIBC Asset Management Inc (0.63%), QV Investors Inc. (0.48%), Sumitomo Mitsui Trust Holdings Inc. (0.42%), Swiss National Bank (0.40%) and PM CAPITAL Ltd (0.29%).

TECK stock was sold by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, Letko Brosseau & Associates Inc., Sumitomo Mitsui Trust Holdings Inc., Edmond DE Rothschild Holding S.A., NN Investment Partners Holdings N.V., NN Investment Partners Holdings N.V., UBS Group AG, and Zurcher Kantonalbank Zurich Cantonalbank.

TECK stock was acquired by a variety of institutional investors in the last quarter, including QV Investors Inc., PM CAPITAL Ltd, Trexquant Investment LP, Swiss National Bank, Assenagon Asset Management S.A., Leap Investments LP, Fox Run Management L.L.C., and Quantitative Systematic Strategies LLC.

Shares of TECK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of TECK stock can currently be purchased for approximately $11.42.

Teck Resources has a market capitalization of $5.98 billion and generates $8.99 billion in revenue each year. The basic materials company earns $-455,930,000.00 in net income (profit) each year or $2.22 on an earnings per share basis. Teck Resources employs 10,100 workers across the globe.

The official website for Teck Resources is www.teck.com.

Teck Resources' mailing address is 550 BURRARD ST SUITE 3300 BENTALL 5, VANCOUVER A1, V6C 0B3. The basic materials company can be reached via phone at 604-699-4000 or via email at [email protected]